May
India local time on March 5, the Indian government announced a ban domestic exports of raw cotton since March 5, and the ban takes effect immediately, which the government did not make any explanation to the outside world.
It is reported that India General of Foreign Trade (DGFT) announced on Monday, will ban cotton export tariff for 5201 and 5203, In addition, some who have registered for issuing export certificates cotton has also been included in the ban list. According to media reports, last Saturday, the price of raw cotton varieties Shankar has dropped 5.8 percentage points. The provisions prohibit export of raw cotton may lead to further decline in domestic cotton prices in India.